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World

Web Desk
Oct 06, 2025

Oil prices climb as OPEC+ opts for smaller output hike

Oil prices rose on Monday as OPEC+ opted for a smaller output increase, but analysts cautioned that weak demand could cap gains.

World

Web Desk
Sep 17, 2025

Oil prices little changed as supply fears balance Fed expectations

Oil prices held firm on Wednesday as supply concerns from Russia clashed with market anticipation of a US interest rate cut.

World

Web Desk
Aug 05, 2025

Oil prices unchanged after three-day slide as supply concerns weigh on market

Oil prices held mostly steady on Tuesday after three consecutive days of declines. The market remained under pressure due to growing fears of oversupply following OPEC+’s latest decision to increase production.

Business

Reuters
Aug 03, 2025

OPEC+ agrees in principle to another large oil output hike

OPEC+ has reached a preliminary deal to increase oil production by 548,000 barrels per day from September, sources said on Sunday.

Business Pakistan

Reuters
Aug 01, 2025

Pakistan all set to import first-ever US crude oil cargo

Pakistan’s Cnergyico finalised a purchase deal with energy trader Vitol, and now one million barrels of US crude oil will be imported.

Latest

Reuters
Jul 28, 2025

Oil prices jump 2pc after US-EU deal and Trump’s Russia warning

Market optimism was further supported by talks between US and Chinese officials in Stockholm, aimed at extending a tariff truce ahead of the August 12 deadline.

Business